A Nigerian development group takes a US hotel brand for a Lagos property; African by territory, partner domicile and asset location.
| Record ID | TX-AFR-2025-0029 |
|---|---|
| Record type | Commercial IP transaction |
| Transaction type | Franchise agreement, Trade mark licence, Know-how licence |
| IP rights | trade mark, know-how, trade secrets |
| Status | Signed |
| Qualifying date | 2025-06-18 |
| Sector | Hospitality · Hotel franchising |
| African markets | Nigeria |
| Licensed territory | Nigeria (one property). |
| Disclosed value | Not disclosed in the sources reviewed. |
| Evidence | Primary source, independently corroborated · 3 source(s) |
| Last verified | 2026-10-25 |
Parties
- Hilton Worldwide Holdings Inc. (United States): franchisor, licensor
- Cornfield Group (Nigeria): franchisee, investor
Key terms
- Interest: franchise; Exclusivity: Not stated by source; Territorial scope: Nigeria; Term: Opening expected 2029
Sources
- Hilton to triple its presence in Africa to more than 160 hotels, Hilton (stories.hilton.com), 2025-06-18
- Hilton to triple its presence in Africa to more than 160 hotels, Travel Daily News, 2025-06-19
- Hilton to triple its presence in Africa to more than 160 hotels, Travel Agent Central, 2025-07-01
Part of The Meridian’s Africa IP database. Counts, market breakdowns and rankings are derived from published records only; a record counts once. Corrections: submit evidence.
